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FTX’s Near-Collapse Batters the Crypto Industry

Prices of digital currencies have tumbled even after the exchange FTX announced a provisional lifeline by a top rival, Binance.  » mehr lesen

Smartphones Are Like Cars. So Why Don’t We Maintain Them?

Regularly replacing our phones takes a toll on our wallets and the environment. We should instead take care of them as we do our cars.  » mehr lesen

Lucid Said It Will Raise Up to $1.5 Billion in Capital

The electric carmaker made the announcement on the same day it reported losing $670 million in the third quarter.  » mehr lesen

Binance to Buy FTX in Megadeal of Crypto Exchanges

Binance, the world’s largest cryptocurrency exchange, said it had reached a deal to buy FTX, amid fears the industry could enter another meltdown.  » mehr lesen

Herman Daly, 84, Who Challenged the Economic Gospel of Growth, Dies

Perhaps the best-known ecological economist, he faulted his mainstream peers for failing to account for the environmental harm growth can bring.  » mehr lesen

Disney+ Adds 12 Million Subscribers, but Cites ‘Peak Losses’

The confidence generated by the subscriber growth was offset by widening financial losses for the company’s direct-to-consumer division over all.  » mehr lesen

Supreme Court Debates Pennsylvania Law Opening Courts to Suits Against Companies

A novel Pennsylvania law requires corporations that do business in the state to consent to being sued there, even if the suits have nothing to do with the state.  » mehr lesen

Kohl’s Chief Executive, Michelle Gass, Will Depart to Join Levi’s

Ms. Gass, who will be become president at the denim maker, is expected to take over the top post at the company within 18 months.  » mehr lesen

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